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Polish watchdog says eyeing legal steps over PKN Orlen newspaper deal


By Reuters Staff
3 Min Read
WARSAW (Reuters) -Polish competition watchdog UOKiK denounced on Tuesday a court’s decision to suspend its approval of state-run refiner PKN Orlen’s takeover of newspaper publisher Polska Press, thereby temporarily blocking the deal which had been slammed by the opposition.
FILE PHOTO: The logo of PKN Orlen, Poland s top oil refiner, is pictured at a petrol station in Warsaw, Poland, April 25, 2019. REUTERS/Kacper Pempel/File Photo
Opposition political parties have said the deal is part of a wider effort by the ruling Law and Justice (PiS) party to take more control of the media. ....

Warminsko Mazurskie , Joanna Lichocka , Bernadette Baum , Daniel Obajtek , Jason Neely , Adam Bodnar , Joanna Plucinska , Alan Charlish , Thomson Reuters Trust Principles , Human Rights Ombudsman Adam Bodnar , Consumer Protection , Chief Executive Daniel Obajtek , Thomson Reuters Trust , Polska Press , Anti Competitive Behavior , Corporate Events , Central Eastern Europe , Company News , East European Countries , Emerging Market Countries , Energy Fossil Fuels Trbc Level 2 , European Union , Human Rights Civil , Media Amp Publishing Trbc Level 3 , Antitrust Regulation , Mergers Acquisitions Takeovers ,

Poland's PKN takes reduced supply in Rosneft oil import deal


By Reuters Staff
2 Min Read
FILE PHOTO: The Rosneft logo is pictured on a safety helmet in Vung Tau, Vietnam April 27, 2018. REUTERS/Maxim Shemetov
WARSAW (Reuters) - Polish state-run refiner PKN Orlen will receive 3.6 million tonnes of crude oil per year from Russia’s Rosneft under a new two-year supply contract signed on Tuesday, PKN said.
Rosneft suspended oil supplies to Poland in February after failing to agree on new contract terms with PKN Orlen when the previous agreement expired on Jan. 31. The previous deal had envisaged deliveries of 5.4 million to 6.6 million tonnes a year.
Polish refineries, including PKN’s plant in Plock, central Poland, have been importing most of their crude from Russia via pipelines but have taken steps to reduce their reliance on Russian crude. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110406:16:40:00

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